Fun

News Feed - 2023-09-06 03:09:31

Tom Mitchelhill2 hours agoDApp store for your wallet: Consensys readying cross-chain Metamask SnapsThe upcoming MetaMask Snaps will allow users to interact with different blockchains, like Bitcoin and Solana, from inside their MetaMask wallet.736 Total views8 Total sharesListen to article 0:00InterviewJoin us on social networksMetaMask’s eagerly awaited Snaps will allow users to interact with a variety of different blockchain networks, receive updates from projects and will help demystify what’s happening in complex transactions, says Consensys Head of Strategy Simon Morris.


Speaking to Cointelegraph on Sept. 6 at Korea Blockchain Week, Morris shared that MetaMask Snaps will function a lot like an Apple App Store for the crypto wallet, allowing third-party developers to launch new decentralized applications (DApps) — dubbed Snaps — that expand MetaMask’s functionality.


Morris explained the first round of released Snaps will undergo security checks and be whitelisted by developers at Consensys. In the future, the goal is to make the process as permissionless as releasing apps on the web.


The upgrade — which Morris said is coming sometime later this year — will see users download third-party extensions to their MetaMask wallet.


These will allow them to use their MetaMask wallet with non-EVM chains, including Bitcoin, Solana, Avalanche and Starknet.“MetaMask starts with a massive assumption there’s going to be an EVM or something very like Ethereum, so what we’re targeting for the first release is making MetaMask interoperable with other non-EVM chains.”


Snaps will also help to reduce the obscurity around signing transactions. Morris admitted at present, users are oftentimes left feeling confused or intimidated when confirming transactions and hinted that some of the soon-to-be-released Snaps will help make the process of signing transactions and assessing smart contracts less opaque at first glance.


Another feature set to be enabled by Snaps will allow developers to send messages to users internally on MetaMask.


Related:‘Multichain future is very clear’ — MetaMask to support all tokens via Snaps


Instead of users having to navigate to the website or social media account of a project for updates, the upgrades will enable a “communication layer between DApp developers and their users.”


For those wanting a taste of Snaps, Morris said users can download an application called MetaMask Flask but warned that it’s very much a tool for developers.


On Sept. 5, MetaMask introduced its newest “sell” feature, allowing users in the United States, United Kingdom and parts of Europe to exchange Ether (ETH) for fiat currency that can be sent directly to a bank account.We are beyond thrilled to announce our latest feature: Sell.

Yes, you read that right. Available on MetaMask Portfolio, ‘Sell’ allows you to cash out your crypto for fiat currency easily.

Discover more at https://t.co/aaSgTswEMo pic.twitter.com/pJa1ZndLQA— MetaMask (@MetaMask) September 5, 2023


Collect this article as an NFTto preserve this moment in history and show your support for independent journalism in the crypto space.


Magazine:How to protect your crypto in a volatile market — Bitcoin OGs and experts weigh in# Blockchain# Business# Wallet# ConsenSys# MetaMaskAdd reactionAdd reactionRead moreHow to use index funds and ETFs for passive crypto incomeAI could revolutionize human resources, but there are risksChatGPT-coded smart contracts may be flawed, could ‘fail miserably’ when attacked: CertiK

News Feed

Helen Partz11 hours agoBitcoin salary: Employees choose crypto paychecks amid economic instabilityVolatility among some fiat currencies has made stablecoins like USDC a more attractive option for payroll, according to HR
National Assembly of Panama Advances Discussion of Cryptocurrency Law Project
National Assembly of Panama Advances Discussion of Cryptocurrency Law Project The National Assembly of Panama has advanced a cryptocurrency law project that seeks to regulate crypt
El Salvador’s President Tells Peter Schiff Benefit of Switching Gold Reserves to Bitcoin
El Salvador"s President Tells Peter Schiff Benefit of Switching Gold Reserves to Bitcoin The president of El Salvador, Nayib Bukele, has revealed that his country holds 44,106 oz.
Brazilian Federal Police Launch Operation Colossus, 6 Cryptocurrency Exchanges Involved
Brazilian Federal Police Launch Operation Colossus, 6 Cryptocurrency Exchanges Involved The Brazilian Federal Police and the Brazilian tax authority have launched the final stage o
Amaka Nwaokocha12 hours agoNigeria and UK foundation launch Code Clubs for digital literacyNigeria’s communication ministry said the Code Clubs will introduce young participants to coding and digital technology and enc
Jesse Coghlan3 hours agoYuga Labs confirms UV lights likely cause of eye issues at ApeFestThe Bored Ape Yacht Club’s official Twitter account said an investigation confirmed suspicions that UV lights were the likely ca
Ethereum Attempts First Major Horizontal Reclaim In Months – Can Bulls Hold the Line?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
StackSwap Raises $1.3 Million in Funding Round to Build DEX on Bitcoin Network
StackSwap Raises $1.3 Million in Funding Round to Build DEX on Bitcoin Network press release PRESS RELEASE. Prague, Czech Republic, 5 Nov 2021, StackSwap, the first complete DEX and
Brandt Says DOGE Bear Market Is Over, Kiyosaki Advises Buying BTC ‘Before Fed Pivot,’ Bitcoin.com Backed Ramírez Challenges for WBA Boxing World Title — Week in Review
Brandt Says DOGE Bear Market Is Over, Kiyosaki Advises Buying BTC "Before Fed Pivot," Bitcoin.com Backed Ramírez Challenges for WBA Boxing World Title — Week in Review In this w
‘NFT’ Chosen as 2021’s Collins English Dictionary ‘Word of the Year’
"NFT" Chosen as 2021"s Collins English Dictionary "Word of the Year" As 2021 nears its end, the firm Harpercollins, the publisher behind the printed and online Collins English Dict
ECB Board Member Warns EU’s New Crypto Rules Not Sufficient
ECB Board Member Warns EU"s New Crypto Rules Not Sufficient A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-As
Stifel Financial: 97% of US Executives Surveyed Are Bracing for Recession
Stifel Financial: 97% of US Executives Surveyed Are Bracing for Recession A survey by NYSE-listed Stifel Financial shows that most executives are bracing for a recession in the U.S